NewEnergyNews: EU Leaders Approve 32% New Energy By 2030

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    Friday, November 16, 2018

    EU Leaders Approve 32% New Energy By 2030

    European deal on green energy target will help drive further investment

    David Foxwell, 14 November 2018 (Offshore Wind Journal)

    “…The European Parliament has approved a binding EU-wide renewable energy target of 32% for 2030…[in] the Renewable Energy Directive and Governance Regulation, two key parts of Europe’s Clean Energy Package that sets the EU legal framework for renewables up to 2030…[The] final vote secured a political deal reached…[by] the 28 member states…[Three interim targets] ensure European countries progress towards the [32% renewables by] 2030 goal…

    National governments now need to provide detailed National Energy and Climate Plans for 2030, in which they spell out how much renewable energy they will deploy to help meet the European target…including the [five-year plan for] timing, volumes and budget for future auctions…[including] technology-specific auctions…Finally, European countries will have to remove any administrative barriers to developing corporate renewable power purchase agreements (PPAs)…” click here for more

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